General Mutual Fund Market Value

XGAMX
 Fund
  

USD 40.32  0.46  1.13%   

General American's market value is the price at which a share of General American stock trades on a public exchange. It measures the collective expectations of General American Investors investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of General American Investors and determine expected loss or profit from investing in General American over a given investment horizon. Check out General American Correlation, General American Volatility and General American Alpha and Beta module to complement your research on General American.
Symbol

Please note, there is a significant difference between General American's value and its price as these two are different measures arrived at by different means. Investors typically determine General American value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

General American 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to General American's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of General American.
0.00
10/08/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
09/28/2022
0.00
If you would invest  0.00  in General American on October 8, 2020 and sell it all today you would earn a total of 0.00 from holding General American Investors or generate 0.0% return on investment in General American over 720 days. General American is related to or competes with Virtus Seix, Calvert Floating, Artisan Floating, Dws Floating, Dws Floating, and Penn Capital. More

General American Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure General American's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess General American Investors upside and downside potential and time the market with a certain degree of confidence.

General American Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for General American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General American's standard deviation. In reality, there are many statistical measures that can use General American historical prices to predict the future General American's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of General American's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of General American in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
39.4540.7842.11
Details
Intrinsic
Valuation
LowReal ValueHigh
40.2441.5742.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as General American. Your research has to be compared to or analyzed against General American's peers to derive any actionable benefits. When done correctly, General American's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in General American Inv.

General American Inv Backtested Returns

General American Inv holds Efficiency (Sharpe) Ratio of -0.0434, which attests that the entity had -0.0434% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. General American Inv exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out General American risk adjusted performance of (0.041337), and Market Risk Adjusted Performance of (1.65) to validate the risk estimate we provide.
The fund retains a Market Volatility (i.e., Beta) of 0.0392, which attests to not very significant fluctuations relative to the market. Let's try to break down what General's beta means in this case. As returns on the market increase, General American returns are expected to increase less than the market. However, during the bear market, the loss on holding General American will be expected to be smaller as well. Even though it is essential to pay attention to General American Inv current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. General American Inv exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.84  

Excellent reverse predictability

General American Investors has excellent reverse predictability. Overlapping area represents the amount of predictability between General American time series from 8th of October 2020 to 3rd of October 2021 and 3rd of October 2021 to 28th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of General American Inv price movement. The serial correlation of -0.84 indicates that around 84.0% of current General American price fluctuation can be explain by its past prices.
Correlation Coefficient-0.84
Spearman Rank Test-0.85
Residual Average0.0
Price Variance14.25

General American Inv lagged returns against current returns

Autocorrelation, which is General American mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting General American's mutual fund expected returns. We can calculate the autocorrelation of General American returns to help us make a trade decision. For example, suppose you find that General American mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

General American regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If General American mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General American mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General American mutual fund over time.
   Current vs Lagged Prices   
Share
       Timeline  

General American Lagged Returns

When evaluating General American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General American mutual fund have on its future price. General American autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, General American autocorrelation shows the relationship between General American mutual fund current value and its past values and can show if there is a momentum factor associated with investing in General American Investors.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards General American in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, General American's short interest history, or implied volatility extrapolated from General American options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out General American Correlation, General American Volatility and General American Alpha and Beta module to complement your research on General American. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for analysis

When running General American Inv price analysis, check to measure General American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General American is operating at the current time. Most of General American's value examination focuses on studying past and present price action to predict the probability of General American's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move General American's price. Additionally, you may evaluate how the addition of General American to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
General American technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of General American technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of General American trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...